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Africa

‘It is no longer safe to offer credit ‘

Speaking at the annual Coface South Africa Business Environment conference last week, Coface South Africa CEO Garth de Klerk, urged suppliers to tighten their credit management protocols. (more…)

Stanbic re-positions its strategy to meet SME farmers’ needs

Stanbic Zambia has re-modeled its product offering to the agriculture sector to concentrate more on financing small-scale farmers... (more…)

#bank#guarantee#guarantees


New specialised bank to be opened for SMEs

Namibian government plans to establish a bank that will cater for small and medium enterprises (SMEs). The new bank is…

#bank#banks#smes


IFC, Citigroup, AfDB provide funding to boost trade in...

IFC, a member of the World Bank Group, Citigroup, and the African Development Bank agreed to provide up to (more…)


New venture is launched to support the growth of...

Business Financial Solutions (BFS), a company that will focus on venture capital finance, corporate advisory services and investment facilitation and…


BRD makes bid to attract financiers to SME market

The Rwanda Development Bank (BRD) has said it is in the process of setting up a Rwf 2.5 billion (Rwanda…

#bank#banks#financial institutions


HSBC in talks to acquire majority stake in Nedbank

HSBC have confirmed that they are in discussions with Old Mutual Plc for the acquisition of a majority stake in…

#funding#invoice#management


HSBC assesses a bid for Nedbank Group

According to a Sky News exclusive, HSBC Holdings plc, the financial services corporation incorporated and headquartered in the UK, is…

#bank#banks#financial services


IFC pledges commitment to improving SME credit in Ghana

The International Finance Corporation (IFC) is collaborating with the government of Ghana and the World Bank s International Development Association…

#Access to Finance#bank#international


Consolidated bank raising funds to expand SME services

Kenya s Consolidated Bank is looking to raise 1.5 billion to fund expansion, with a focus on the SME finance…

#bank#invoice#trade


ABSA Working Capital signs deal with Codix

Software company Codix has signed a deal to provide software solutions to ABSA Working Capital, the factoring and  SEND US YOUR…


IFC and Japan work to improve SME trade finance...

IFC, a member of the World Bank Group, is providing training in trade finance to bankers in East Africa to…

#bank#emerging markets#exporters

Factoring in South Africa – World Factoring Yearbook

Mark Seland, Head of Debtor Finance at Standard Bank in South Africa, provides Factorscan with an overview of the South…

#bank#interest rates#international

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